Quiznos was founded in the year 1981. The company has been active for almost 38 years now. The founder of the company was Jimmy Lambatos. The company had begun in the year 1978 mainly as 'Sandwich World' when founders, Terrell Braly and a group of investors converted a closed gas station in Denver, Colorado, USA, in order to open a new sandwich shop. In the year 1980, the store was then purchased by its competitors, known as Jimmy Lambatos and Todd Disner. They had changed the name to Quiznos and began to franchise the brand as well.
Then in the year 1981, the company had served the first toasted sub to its first customer. In the year 1987, Rick Schaden had opened a franchise in Boulder, Colorado, USA. By the year 1991, Rick and also his father, Dick, prepared to buy the entire company. By the year 1995, there were almost 100 restaurants in the chain as well. As of the year 1997, Quiznos was the third largest sandwich chain in the USA. In the year 1999, the first international location was opened by the company in Japan. As of the year 2002, Wendy's had acquired the rights to the brand in Australia and New Zealand as well. But Wendy's were never able to make the brand profitable. Between the year 2007 and the year 2009, almost 1,000 Quiznos stores in the USA were closed. After the closure of around 2,000 restaurants during the Great Recession as well, a majority stake in the company was then taken over by Avenue Capital Group of New York, USA, in the year 2012. Later in the year 2014, the company had filed for Chapter 11 bankruptcy in the USA Bankruptcy Court for the District of Colorado. The company had said it would continue operating while it restructured its debt and made more operational improvements as well. The company had emerged from bankruptcy about four months later in the year 2014 and then reduced its deficit by approximately $400 million as well. As of the year 2018, the company had announced that it was acquired by California-based High Bluff Capital Partners. The chain will still maintain its headquarters in Denver, USA, regardless. The headquarters of the company is based in 1001 17th Street Suite 200. The name of the place is Denver, while the name of the state is Colorado, USA. The pin code of the area is 80202.
Quiznos is an American company that focuses on providing various types of fast food dishes and recipes, and also franchises sandwich shops around in the USA as well as internationally too. The current CEO of the company is Tim Casey. As of the year 2017, the total revenue generated by the company is more than $170 million. The company had its presence in over 5,000 location, but as of the year 2018, the number has come down to just 800. The company has served areas in North America, Asia and South America.
The primary services provided by the company include allowing customers and clients to have a retail presence, in order to purchase various kinds of fast food dishes and recipes, that are produced by the company's restaurants only. The restaurants of the company specialise in multiple types of sandwiches. It also provides salads and other food products as well.
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